New Delhi, July 2: AU Small Finance Bank , India’s largest Small Finance Bank and among the first in over a decade to receive in-principle approval for transition into a Universal Bank, has entered into a strategic partnership with Maruti Suzuki India Limited to launch an industry-first initiative, “Suhana Safar” – a Recurring Deposit -backed auto loan scheme designed to make car ownership more accessible for aspiring…
India Exports Punjab Litchi to Oman for the First Time
New Delhi, July 2: In a significant boost to India’s agricultural exports, fresh litchis from Punjab have been exported to Oman for the first time, Union Commerce and Industry Minister Piyush Goyal said on Thursday. The milestone marks an important step in expanding the global reach of Indian horticultural products and strengthening India’s presence in international fruit markets. Officials said the export reflects improved supply…
India’s Auto Industry Expected to Maintain Strong Momentum in FY27: Report
New Delhi, July 2: India’s automobile sector is projected to continue its strong growth trajectory in the financial year 2026–27 (FY27), supported by steady demand across key segments, according to a recent industry report. The report states that passenger vehicles, two-wheelers, and commercial vehicles are expected to drive overall growth, backed by improving consumer sentiment, stable economic conditions, and ongoing infrastructure development across the country.…
Centre Fiscal Deficit Widens to INR 1.62 Trillion in Apr–May FY27
New Delhi, July 2: India’s central government fiscal deficit widened to ₹1.62 trillion during April–May of FY27, driven by higher expenditure on subsidies and increasing interest payments, according to a recent report. The rise in deficit reflects increased government spending in key welfare and financial obligation areas during the initial months of the fiscal year. Analysts note that elevated subsidy allocations and debt servicing costs…
GM Modular Showcases Premium G plus Range at AYC Fest 2026, Strengthening Connect with Gen Z
India, July 02: GM Modular, one of India’s leading electrical and smart home solutions brands, marked a significant presence at AYC Fest 2026, held at the Jio World Convention Centre, BKC, Mumbai, with an engaging brand experience showcasing its premium G+ range of music and mobile accessories and smart electrical solutions. The three-day youth-centric festival, celebrated for its vibrant mix of music, dance, entertainment and…
India’s Coal Output Rises 14.9 pc to 17.88 Million Tonnes in June
New Delhi, July 2: India’s coal production increased by 14.9 per cent year-on-year to 17.88 million tonnes in June, reflecting continued growth in domestic coal output and stable supply momentum across the sector. The rise in production highlights improved mining operations and sustained demand from key consuming sectors, particularly power generation and industry. Officials noted that the growth trend is aligned with ongoing efforts to…
Policy Changes Expected to Shape Bullion Market Outlook in H2 2026
New Delhi, July 2: The bullion market is expected to remain sensitive in the second half of 2026 as recent tax revisions and customs duty adjustments begin to influence overall trade dynamics. Market observers indicate that changes in fiscal policies may affect gold and silver demand, pricing trends, and import activity. Retail sentiment and investment demand are also likely to respond to the evolving tax…
AFC Furniture Solutions Maharashtra Push Targets Nagpur’s MIHAN And Pune’s Hinjewadi Industrial Zones.
Mumbai , July 2 : AFC Furniture Solutions, India’s fastest-growing manufacturer of modular and ergonomic office furniture, has announced expansion beyond the established Mumbai market, targeting Pune’s technology corridors and Nagpur’s MIHAN zone. The company is targeting 25–30% of its revenue from western India, driven by the strong demand from over 900 companies located across the Special Economic Zone and non-SEZ areas of Hinjewadi, as…
India and Japan Deepen Strategic Partnership with New Collaboration and Investment Commitments
New Delhi, July 2: India and Japan have further strengthened their strategic partnership following bilateral talks between Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi. The meeting concluded with several key initiatives aimed at expanding cooperation in technology, manufacturing, trade, and economic development. One of the key outcomes was the signing of the first bilateral agreement for the joint development of advanced industrial…
PM Modi, Japan PM to Inaugurate Maruti Suzuki Plant in Haryana
Haryana, July 2: Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi are set to jointly inaugurate Maruti Suzuki’s fourth manufacturing plant in Kharkhoda, Haryana, marking a key milestone in India–Japan industrial cooperation. The new facility is expected to strengthen India’s automobile manufacturing capacity under the ‘Make in India’ initiative, featuring advanced production systems, improved efficiency, and large-scale employment opportunities. The Kharkhoda plant is…